Manila Electric Company (Meralco) has secured the lowest bid for its 200-megawatt (MW) baseload supply, awarding the contract to Sual Power Inc. (SPI) at PHP 4.2955 per kilowatt-hour (kWh). Of 15 companies...
Fifteen power generation companies have qualified to compete for Manila Electric Company’s (Meralco) 200-megawatt (MW) renewable energy baseload requirement, a supply contract that will contribute to the utility’s compliance with the Renewable...
Manila Electric Company (Meralco) has launched a competitive bidding process to secure 200 megawatts (MW) of baseload renewable energy (RE) capacity, as part of its broader strategy to expand renewable sourcing while...
The Energy Regulatory Commission (ERC) has approved Manila Electric Company’s (Meralco) power supply agreements (PSAs) with Gigasol and San Roque Hydropower Inc. (SRHI), allowing their implementation at the applied rates that resulted...
The Manila Electric Company (Meralco) has secured an additional source of renewable energy through a newly signed power supply agreement (PSA) with First Quezon Biogas Corporation (FQBC). This marks another new step...
The Independent Electricity Operator of the Philippines (IEMOP), and the Philippine Electricity Market Corporation (PEMC) are preparing for the full commercial operations of the renewable energy (RE) market by December of this...
As part of the country’s multi-tiered ‘just energy transition’ paradigm, the Department of Energy (DOE) will push for voluntary retirement or repurposing of coal-fired power plants, instead of a mandatory policy. In...
Manila Electric Co. (MERALCO) continues pursuing its long-term initiatives toward sustainability as it expands its renewable energy portfolio to 1,880 megawatts (MW) of RE capacity compared to its initial target of 1,500 ...
The Ayala-led ACEN Corp. is looking to kick-start the operations of at least 700 megawatts (MW) worth of solar and wind projects this year. In a report by BusinessWorld, ACEN president and...
The Department of Energy (DOE) will be offering 15 hydropower projects with a combined capacity of 101.35 megawatts (MW) in an upcoming competitive selection process. In a report by Business World, Energy...
Around Php270.8 billion worth of renewable energy (RE) investments is expected in the country as the Department of Energy (DOE) has increased the utilization of RE for on-grid areas under the Renewable...
The Manila Electric Company (MERALCO) has begun negotiations with Terra Solar Philippines for the supply of 850 megawatts (MW) of renewable energy (RE) supply after the second round of the competitive selection...
Solar Philippines Nueva Ecija Corporation (SPNEC) will be providing the Angeles Electric Corporation (AEC) power supply for ten years after signing a power supply agreement (PSA) for emerging as the best bid...
Terra Solar, a renewable energy (RE) joint venture of Leandro Leviste’s Solar Philippines and Enrique Razon’s Prime Infrastructure Capital, Inc., has offered an unsolicited proposal to supply the Manila Electric Company (MERALCO)...
A total of 147 renewable energy (RE) projects with a total capacity of 2,619 megawatts (MW) were marked as eligible to participate in the renewable portfolio standards (RPS) program of the Department...
The Department of Energy (DOE) has recently issued the guidelines for the updated Green Energy Auction Program (GEAP). Energy Sec. Alfonso Cusi signed the revised GEAP guidelines on November 3, but only...
The Department of Energy (DOE) is about to finalize the increase in the Renewable Portfolio Standards (RPS), or the minimum level of electricity contracted from renewable energy (RE) developers to 2.52% from...
The National Renewable Energy Board (NREB) has proposed a lower feed-in-tariff (FIT) rates for solar and wind for P7.66 per kilowatt hour (kWh) and P6.97 per kWh, respectively. These will cover the...
As the Philippines gears to develop more infrastructure under the Duterte administration, the Department of Energy (DOE) is expecting investments from the private sector to meet the rising demand for electricity and...
The Department of Energy (DOE) released yesterday the drafted rules on the renewable portfolio standards (RPS), which orders power industry players to produce a part of their supply from renewable energy (RE)...
